Acura, Mazda, Toyota and Chevy dealerships among stores purchased in Q1, Q2 transactions
Dealers buy import, luxury and domestic dealerships across five states in first-quarter and second-quarter transactions.
Lucid's Saudi EV plant to receive $3.4 billion in incentives and financing
The details, revealed Wednesday in conjunction with a ceremonial signing event, underscore the substantial scope of the project as the California-based EV maker plots its second assembly plant.
Mercedes will focus on high-end models in luxury-car profit race
Mercedes unveiled plans to channel investment to models such as the flagship S-Class sedan and its high-performance AMG division, which will lift profit.
Ford's Farley takes a spin as podcast host in show for Spotify
Farley has taken on podcast hosting in addition to his role leading America’s second-biggest auto manufacturer. His weekly show “Drive” debuts May 25 on Spotify.
Ford recalls 39,000 Expeditions, Lincoln Navigators after engine fire reports
Ford advised the SUV owners to park their vehicles outdoors and away from structures until a fix is completed. Ford in 2022 has issued 30 U.S. recalls covering 3.5 million vehicles, the most of any automaker.